Lance Tamyo of San Diego called police from the 2800 block of North Mission Bay Drive shortly after 11 a.m. Wednesday and told dispatchers he intended to shoot himself, SDPD Sgt. Manuel Del Toro said.

Patrol personnel arrived to find Tamyo sitting in his car in a parking area near De Anza Cove. They contacted him by phone and spoke with him for about 15 minutes before he agreed to surrender. He got out of the vehicle, but soon returned to it and retrieved a loaded 9mm pistol, the sergeant said.

The suspect fell to the ground, but his gun remained within reach and he continued failing to comply with the officers' commands, Del Toro said. Finally, the personnel were able to subdue him with non-lethal rounds and take him into custody.

The name of the nine-year SDPD veteran who shot the suspect has not been publicly disclosed.

Could financial problems have led to Tamyo's actions?

10News learned Lance Tamyo is the president and owner of LMT Financial Consulting Concepts, Inc. The company does financial planning and investment seminars, as well as insurance services.

The company's website says "Lance is an expert in wealth preservation products and concepts," but 10News has learned his company and his own personal finances may have been shaky.

When 10News arrived at the offices of LMT in Mission Valley, the door was open and new tenants were moving in. A man who identified himself as the property manager said Tamyo moved out at the end of July, saying his company was downsizing and didn't need so much space.

On July 31, Tamyo and his wife filed a voluntary petition for Chapter 7 bankruptcy, claiming they owe money to 21 creditors. The couple's assets are listed at $673,155.10 and their liabilities at $1,036,403.65.

A source close to the investigation told 10News detectives haven't been able to determine if financial difficulties led to the incident in De Anza Cove Wednesday because Tamyo is in critical condition and they are unable to interview him.

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